Has the CEO of inaccessible Turkish cryptocurrency exchange Thodex exit-scammed, fleeing the country with $2 billion worth of his customers' assets? So say critics, and police have launched an investigation. But the CEO, Faruk Fatih Ozer, who's in Albania, has vowed to clear his name and restore users' funds.
Hackers with apparent ties to North Korea who hit e-commerce shops via Magecart-style attacks to steal payment card data also tested malicious tools for stealing cryptocurrency, reports cybersecurity firm Group-IB. Such functionality could trick customers into paying with cryptocurrency.
For the second time in two years, the contents of the darknet payment card marketplace Swarmshop have been removed and posted to a competing underground forum, Group-IB reports. The content includes data on more than 600,000 payment cards as well as administrator, seller and buyer information.
The latest edition of the ISMG Security Report features an analysis of retailer Fat Face’s awkward "strictly private and confidential" data breach notification. Also featured: Discussions on the ethics of buying leaked data and the rise of central bank digital currencies.
Anyone wanting to invent a system designed to stoke widespread abuse by fraudsters would be hard-pressed to best the non-fungible token. Because they get bought and sold using cryptocurrency, it's only a question of when scammers will turn their attention to defrauding NFT aficionados.
The Florida teen whom prosecutors call the mastermind behind last year's hack of 130 high-profile Twitter accounts to wage a cryptocurrency scam pleaded guilty Tuesday and was sentenced to serve three years in a juvenile facility.
The latest edition of the ISMG Security Report features an analysis of a federal crackdown on ICO cryptocurrency scams. Also featured: An update on the SonicWall hack investigation and the use of digital IDs to verify COVID-19 testing.
Authorities have accused Serbia-based scammers of capitalizing on the "initial coin offering" bubble that began in 2017, bilking global cryptocurrency investors out of $70 million via Bitcoiin2Gen and other supposed coins and hiring actor Steven Seagal to endorse them.
The latest edition of the ISMG Security Report features an analysis of the critical security issues raised by the hacking of a Florida city water treatment plant. Also featured: The CISO of the World Health Organization discusses supply chain security; hackers steal celebrities' cryptocurrency.
Police have arrested 10 individuals suspected of being part of an international gang that targeted U.S. celebrities by using SIM-swapping attacks to steal cash and more than $100 million in cryptocurrency. Authorities say hackers continue to target cryptocurrency holders and exchanges.
Researchers at Kaspersky are warning that fraudsters are targeting Discord users with a scam centered on a fake cryptocurrency exchange and using the lure of free bitcoin or ethereum cryptocurrency to steal money and personal data.
A recently updated cryptojacking malware variant called Pro-Ocean, which is associated with hacking group called Rocke, is targeting vulnerable Apache and Oracle WebLogic servers, according to Palo Alto Networks. It now includes rootkit and worming capabilities.
A Russian national who served as the administrator for the now-defunct Deer.io online clearinghouse - which sold stolen credentials, hacked servers and criminal services, such as assistance performing hacking activities - has pleaded guilty to a federal charge.
Sentinel Labs researchers have identified an updated version of the cryptominer OSAMiner that targets the macOS operating system to mine for monero. The latest iteration uses new techniques to help prevent detection by security tools.